Is homeownership in the cards for you and your family? For a growing number of people in America, home ownership is not ideal, and many would prefer to rent a home instead of own one. Of course, there are upsides to both renting and owning.
If you are renting, you are not the owner. That means your landlord, not you, likely is responsible for major repairs. Furnace goes out? Call the landlord. Ditto if, for example, the roof develops a leak. For that reason, people who rent can take comfort in knowing exactly how much of their money goes to their home each month or year.
Renters also enjoy flexibility. Since leases generally last for fixed periods of time, renters can live in one spot for a year or two, and then try somewhere else. Or maybe you have a job that keeps you on the move. In that case, renting is a good choice because you are not on the hook for selling a home before you can move.
Renting also tends to be less labor-intensive than owning. Renters often can decorate a home to line up with their personal tastes, but they generally do not need to worry about things like landscaping, mowing the grass in the summer, or removing snow in the winter. As a result, renters have more time for the activities they enjoy.
At Coldwell Banker Lynch-Rigsby Realty we can put you in the right rental property. Give us a call today!